Some of Tuesday’s top business news stories:
Associated Press
Fed to signal rate hike as it launches risky inflation fight, by Christopher Rugaber
DC, 3 states sue Google saying it invades users’ privacy, by Marcy Gordon
CNN
Meta is building an AI supercomputer, by Rachel Metz
The stock market is a ‘superbubble’ about to burst, top hedge fund manager warns, by Paul R. La Monica
The Wall Street Journal
Boeing Adds $450 Million to Air-Taxi Effort, by Doug Cameron
Ford Shuts Off Orders for New $20,000 Maverick Pickup, by Mike Colias
CNBC
Kohl’s shares surge as takeover offers emerge from suitors including Sycamore, by Lauren Thomas Leslie Picker
Fast-food value meals return to menus, but the deals aren’t as cheap, by Amelia Lucas
Reuters
Logitech reports 2% decline in quarterly sales; raises outlook
IBM marks strong start to new chapter as cloud revenue booms, by Chavi Mehta
News about business journalism
Dow Jones union settles unfair labor complaint against company
Observer hires Quartz’s Staley as senior business editor
WSJ hires Gershkovich to cover Russia biz and economy
Reuters hires Toyoda as its Japan bureau chief
Sifted’s Stothard departs for venture capital firm
Insider senior editor Thompson departs
Insider promotes Rodriguez to media editor
Sifted promotes Warnock to deputy editor
WSJ taps Wolfe as consumer trends reporter
Luxmoore joins WSJ as Moscow-based reporter
Parenti named editor on Bloomberg’s DC breaking news team
Professional Pensions deputy editor Phillips set to exit
Insider taps Mahal as distribution editor
FT-backed Sifted names Lewin editor
